Why Did MTNL Shares Jump 11% Today?
India, April 13 -- The shares of this company in India that provide telecom services in metro cities like Delhi and Mumbai that offers services such as fixed-line telephony, mobile services, broadband, and enterprise solutions are in the spotlight after it rose by 11% in today's market session following the government's completion of Rs 10,000 crore asset monetisation.
With a market capitalisation of Rs. 1,939 cr, the shares of Mahanagar Telephone Nigam Ltd closed at Rs. 30.78 cr, jumping 11% in today's market session, making a high of Rs. 32.66 per share, up from its previous close of Rs. 29.44 per share.
The Indian government has successfully concluded a major phase of its asset monetisation strategy, unlocking a total of Rs. 10,000 ...
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